News Round Up
Good Returns gets another writer, Consumer does managed funds, Four days to go, More dodgy investments, International market numbers at your fingetips.
Monday, July 16th 2001, 6:48AM
Good Returns is pleased to announce that long-time business journalist Frances Martin has joined the site's editorial team.
Frances will be well-known to Wellington readers as she has been with the Evening Post since 1999.
One of her prime roles at Good Returns will be to look after the Insurance News section of the site.
Frances has worked for a number of publications over the years including the Dominion, the Independent, NBR and Dow Jones Newswires in London.
She can be contacted at frances@goodreturns.co.nz
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The table includes percentage changes and closing numbers for all the major world sharemarkets, along with what's happened in bond and currency markets.
The Monthly Market Review is a great snapshot of what's been happening around the world.
Consumer does managed funds road test
Consumer magazine has once again done its review of the managed fund industry. Once again it is copping some flak for the way it has tackled the issue of picking the best managed funds.
A full wrap of the article, plus comments from key industry players will feature on the site later today. Watch out for it!
Four days to go
Have you registered for this year's Financial Planners and Insurance Advisers Conference? The conference starts on Thursday but it's not too late to reserve your spot at this important annual event.
Advisers and fund managers can register online at Good Returns. To register now
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This page includes programme details - speakers and workshops, conference information and an accommodation guide.
More Dodgy Investments offered
The Securities Commission has prohibited advertising for a scheme known as the Tri-West Investment Club. The scheme appears to be based in the central American state of Belize. A Panamanian company called Haarlem Universal Corporation is involved, the commission says.
Senior operations executive Norman Miller says the club is being actively promoted in Palmerston North, Tauranga, and Whakatane.
He says it does not have a registered prospectus or investment statement and it has all the hallmarks of a prime bank scheme.
"Tri West and Harlem have been the subject of regulatory action in Canada and the United States. Cease and desist orders have been made against them by regulatory authorities in both of these countries," he says.
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